Zip Code

48304

City

Bloomfield Hills, MI

Population & Migration

What is the forecasted population for Zip code 48304 Bloomfield Hills, MI?

Population census 2020
16,390
Forecasted population 2025
17,256
5.3% vs. 2020
Forecasted population 2030
17,520
6.9% vs. 2020

Zip code 48304 Bloomfield Hills, MI population is forecasted to grow 5.3% by 2025 (0.6 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 17,256 people for 2025 zip code 48304 Bloomfield Hills, MI will generate a good demand for housing, which is expected to have a deficit of 477 houses for 2030. Vacancy rate is 3.2 points below national US average.

Total homes available 2020
6,915
Estimated total home demand in 2030
7,392
Total homes balance inventory
477

Average Household Income in zip code 48304 Bloomfield Hills, MI
from Internal Revenue Service

Average household income in 2021
$209,827

Affordability

Affordability Index
2

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 48304 Bloomfield Hills, MI?

County total number of drinking water violations

1088

+346%

244

County total number of drinking water contaminations

74

+208%

24

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